New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008 - Photogallery

New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008. (PTI Photo/Shirish Shete) ()

New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008. (PTI Photo/Shirish Shete)

Newly appointed Governer of Reserve Bank of India (RBI), Dr. D. Subbarao take over in presence of his predecessor YV Reddy and RBI officials in Mumbai on September 05, 2008. (Photo/Deepak Turbhekarr) (BCCL)

Newly appointed Governer of Reserve Bank of India (RBI), Dr. D. Subbarao take over in presence of his predecessor YV Reddy and RBI officials in Mumbai on September 05, 2008. (Photo/Deepak Turbhekarr) (BCCL)

New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008 - Photogallery

New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008. (Photo/Nitin Sonawane) (BCCL)

New RBI Governor Duvvuri Subbarao (L) being greeted by outgoing RBI Governor Y V Reddy, during the sign of oath of secrecy at the Reserve Bank headquarters in Mumbai on September 05, 2008. (Photo/Nitin Sonawane) (BCCL)